Shares of VTG AG (ETR:VT9) have earned an average recommendation of “Buy” from the seven brokerages that are covering the company, Marketbeat reports. Three research analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is €45.43 ($53.45).

Several research analysts have weighed in on VT9 shares. Commerzbank Ag set a €30.00 ($35.29) price target on VTG AG and gave the stock a “neutral” rating in a research report on Monday, July 3rd. Warburg Research set a €50.00 ($58.82) price target on VTG AG and gave the stock a “buy” rating in a research report on Friday, July 21st. Hauck & Aufhaeuser set a €39.00 ($45.88) price target on VTG AG and gave the stock a “buy” rating in a research report on Monday, July 3rd. Baader Bank set a €50.00 ($58.82) price target on VTG AG and gave the stock a “buy” rating in a research report on Wednesday, September 6th. Finally, Berenberg Bank set a €49.00 ($57.65) price target on VTG AG and gave the stock a “buy” rating in a research report on Tuesday, July 25th.

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VTG AG (ETR VT9) opened at 48.90 on Wednesday. The firm has a market cap of €1.40 billion and a P/E ratio of 30.66. VTG AG has a one year low of €24.11 and a one year high of €49.31. The firm’s 50-day moving average price is €45.56 and its 200 day moving average price is €37.37.

About VTG AG

VTG Aktiengesellschaft, together with its subsidiaries, operates as a wagon hire and rail logistics company worldwide. It operates through three segments: Railcar, Rail Logistics, and Tank Container Logistics. The Railcar segment hires out freight wagons in its own fleet; provides management and technical support services to external wagon fleets, as well as maintenance services for rail freight wagons and their components; and manufactures tank wagons.

Analyst Recommendations for VTG AG (ETR:VT9)

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